R2 Capital Strategies LLC Acquires 28,655 Shares of iShares Floating Rate Bond ETF $FLOT

R2 Capital Strategies LLC grew its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 23.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 149,814 shares of the company’s stock after buying an additional 28,655 shares during the period. iShares Floating Rate Bond ETF makes up 3.3% of R2 Capital Strategies LLC’s portfolio, making the stock its 9th largest holding. R2 Capital Strategies LLC’s holdings in iShares Floating Rate Bond ETF were worth $7,648,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Glenview Trust Co increased its holdings in shares of iShares Floating Rate Bond ETF by 7.4% in the 1st quarter. Glenview Trust Co now owns 3,130,128 shares of the company’s stock worth $159,480,000 after buying an additional 216,519 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 12.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,029,454 shares of the company’s stock valued at $103,401,000 after acquiring an additional 230,814 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 2.4% in the 1st quarter. Assetmark Inc. now owns 1,965,478 shares of the company’s stock valued at $100,141,000 after acquiring an additional 46,823 shares during the last quarter. Kensington Asset Management LLC grew its position in iShares Floating Rate Bond ETF by 39.9% in the first quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock worth $77,685,000 after acquiring an additional 434,772 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in iShares Floating Rate Bond ETF by 1.3% in the first quarter. Cetera Investment Advisers now owns 1,086,284 shares of the company’s stock worth $55,346,000 after acquiring an additional 13,784 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $50.95 on Friday. The business’s 50 day moving average is $50.96 and its two-hundred day moving average is $50.95. iShares Floating Rate Bond ETF has a 1-year low of $50.67 and a 1-year high of $51.08.

About iShares Floating Rate Bond ETF

The iShares Floating Rate Bond ETF (FLOT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of USD-denominated, investment-grade floating rate notes with maturities of 0-5 years. FLOT was launched on Jun 14, 2011 and is managed by BlackRock.